Thursday, March 30, 2006

Nuke Deal Debate

There has been a loot of debate over India- US Nuke deal in media. While some articles are good some are really written just to either oppose or support the deal without checking the facts.

One such article opposing the deal was recently published in the Hindu. The author says that Gas energy is energy of future and is available abundantly. Well I do not know the source of this argument, but I do not think that way certainly. Gas and Oil are forms of Hydrocarbon fuel and are fast vanishing. In fact as per estimates of major energy and power companies around globe, the gas stocks will lat another 20-25 years maximum. Most of these companies are in business of power plants based on Gas. So we can not doubt that they are spreading this argument for their benefit. But because of this eminent shortage of Gas, these companies are going to derive gas from coal which is abundantly available in India and China which are going to be biggest guzzlers of power in coming decades. But the challenge these are to meet emission levels.

Well I am neither in position to oppose or support the deal because of lack of knowledge on entire issue, however these kinds of arguments are nothing but twisting facts for your own cause.